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CONCESSION AGREEMENT BETWEEN NATIONAL HIGHWAYS AUTHORITY OF INDIA ( Ministry of Road Transport & Highways ) G-5 & 6, Sector — 10, Dwarka, New Delhi - 110 075 AND VK1 EXPRESSWAY PRIVATE LIMITED 1101, Hiranandani Knowledge Park, 11th Floor, Technology Street, Hill Side Avenue, Opp. Hiranandani Hospital, Powai, Mumbai — 400076 FOR CONSTRUCTION OF EIGHT LANE VADODARA KIM EXPRESSWAY FROM KM 355.00 TO KM 378.740 (PADRA TO VADODARA SECTION OF VADODARA MUMBAI EXPRESSWAY) IN THE STATE OF GUJARAT UNDER NHDP PHASE - VI ON HYBRID ANNUITY MODE (PHASE IA- PACKAGE 1) Concession Agreement Signed On May 9, 2018 VOLUME —! (PART 2 of 2) CONCESSION AGREEMENT & SCHEDULES National Highways Authority of India Concession Agreement VOLUM) CONCESSION AGRE] EMENT & SCHEDUL Contents Schedules Schedules 132 A Site of the Project 133 1 The Site 133 Annex-I : Site for the Project 134~ 150 B_ Development of the Project Highway 151 1 Development of the Project 152 2 Project Highway (8 Lane) 152 Annex-I: Description of Project 153-204 Project Facilities 205 1 Project Facilities 206 Annex-I: Project Facilities 207-211 D__ Specifications and Standards 212 1 Specifications and Standards for the Project 213 ‘Annex-I: Specifications and Standards for Expressways 214-403 E Applicable Permits 404 1 Applicable Permits, 404 F Performance Security 405-412 ‘Construction of Eight lane Vadodara Kim Expressway from Km 355.00 to Km 378.740 (Padra to Vadodara Section of Vadodera Mumbai Expressway) in the State of Gujarat under NHDP Phase - VI on Hybrid Annuity Mode (Phase IA-Package I) National Highways Authority of India Concession Agreement G Project Completion Schedule 413 1 Project Completion Schedule 413 2 Project Milestone-I 413 3 Project Milestone-IL 413 4 Project Milestone-IIl 413 5 Scheduled Completion Date aia 6 Extension of Period 414.422 HH Drawings 423 1 Drawings 423 2 Additional drawings 423 ‘Annex-I: List of Drawings 424 I Tests 425 1 Schedule for Tests 425 ee Teste 425 3 Agency for conducting Tests 426 4 Completion/Provisional Certificate 426 5 Tests during construction 426 J Compietion Ce: a7 1 Completion Certificate 47 2 Provisional Certificate 428 K Maintenance Requirements 429 1 Maintenance Requirements 229 Construction of Eight lane Vadodara Kim Expressway from Km 355,00 to Km 378.740 (Padra to Vedodara Section of Vadodara Mumbai Expressway) in the State of Gujarat under NHDP Phase - VI on Hybrid Annuity ‘Mode (Phase IA-Package 1) ii

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